Polymath, visionary and indefatigable change agent. Founder of Polymathica, a global community of intellectual sophistication, The Polymathic Institute, which promotes polymathic research, education, careers and lifestyles, The Polymath, a weekly PDF magazine of erudite analysis and commentary. Pages describe my original work.

Wednesday, April 20, 2016

Polymathica Organic Growth

We are moving from a Facebook group to a community at http://polymathica.network-maker.com (will become Polymathica.com) and a pdf weekly magazine The Polymath. I have discovered from several years of experience that when people in the upper 5% of the population in intellectual sophistication are invited to join us, about 7% do. That means that simply by inviting them all, we will have 1.2 billion X 5% X 7% = 4.2 million Polymathicans.

We can accomplish this and, because of 'six degrees of separation' and the tendency of Polymathicans to engage in 'birds of a feather' behavior, grow organically. In fact, if we average 2 new Polymathicans from each new Polymathican with an average turnover of one month, beginning with our current list of 800 or so, we can get there in under one year.

Of course, any strategy based upon every new Polymathican bringing in two new Polymathicans is unrealistic. Pareto applies. That means that of the 20 new Polymathicans that 10 new polymathicans bring in, 16 will be brought in by 2 Polymathicans and the remaining 8 new Polymathicans will bring in a total of just 4. In other words, 4 Polymathicans will bring in no new Polymathicans and 4 will bring in 1 Polymathican. That means that of the 4,200,000 Polymathicans, 2,520,000 will bring in no new Polymathicans and 840,000 will bring in 1 Polymathican each and the remaining 840,000 will bring in an average of 4 each.

However, the 840,000 Polymathicans who bring in 3,360,000 Polymathicans will also distribute according to Pareto. So, 840,000X80%=672,000 will bring in 3,360,000X20%=672,000 for an average of 1 Polymathican. The remaining 840,000X20%=168,000 will bring in 3,360,000X80%=2,268,000 for an average of 16 Polymathicans.

So, our success in building Polymathica quickly will be the result of motivating and deploying this 4% who are more than passively interested in Polymathica. However, even here, Pareto applies. Of the 2,268,000 Polymathicans that they bring in, 2,268,000X20%=453,600 will be brought in by 168,000X80%=134,400 for an average of 3.4 Polymathicans. The remaining 2,268,000X80%=1,814,400 will be brought in by 168,000X20%=33,600 for an average of 54 Polymathicans.

So, to summarize2,520,000 Polymathicans will bring in no Polymathicans1,512,000 Polymathicans will bring in 1 Polymathican each 134,400 Polymathicans will bring in 3.4 Polymathicans on average 33,600 Polymathicans will bring in 54 Polymathicans on average.

So, success is primarily based upon the commitment and follow through of just 0.8% of the Polymathicans and these will be Members of the Polymathic Institute and its Enterprise Network. They will be growing Polymathica for professional reasons and will benefit in career and income from their efforts.

We will have professional group administrators to our Polymathica groups. I have stated that they need to bring in 720 Polymathicans over two years. However, as we see from the above, they will actually bring in, on average, about 54 Polymathicans and then will encourage those they bring in to bring in more Polymathicans. This is part of what makes the organic growth strategy work.

It is surprising how much encouragement Members need in order to invite others to become Polymathicans. Often, the request is something that Polymathicans are willing to do, but not at the time that they read the request. Later, they get busy and forget. So, repeated reminders are not an annoyance, but actually may be precisely what they want.

Polymathicans generally fall outside of the mainstream in attitudes, abilities and interests. Consequently, we are often among the inappropriately excluded. Even when we manage to overcome the problems of a polymathic personality type and forge a successful career, we still often feel a bit like society isn't really constructed for us. So, Polymathica and The Polymathic Institute are more than just a social outlet. When we complete it, it can be a major tool in providing polymathic lifestyle options. Polymathicans can be your readers, your customers, your investors, your collaborators, your strategic partners and your friends.

I encourage anyone reading this who is not registered at Polymathica.network-maker.com or subscribing to The Polymath to do so. Members of Polymathica.network-maker.com will also receive The Polymath so, for most people, it is a better option.

The Polymath is the official publication of Polymathica, a global community of refinement and erudition, and The Polymathic Institute, which promotes polymathic research, education, careers and lifestyles. It also promotes projects designed to be remediation for the Inappropriately Excluded.Your referral code is 40150. It is used to track the source of our new subscribers.

Join The Polymathic Enterprise Network

We are searching for 150 founders by year end 2017. By paying for one year Membership in The Polymathic Institute, you will receive lifetime membership. This is an opportunity to build a finely crafted life as a Polymath. To learn more, read the page, Polymathic Institute Founding Members.

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Michael W. Ferguson

Polymath, visionary and change agent

A home for the intellectually sophisticated

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The Polymath is the official publication of Polymathica, a global community of refinement and erudition, and The Polymathic Institute, which promotes polymathic research, education, careers and lifestyles. It also promotes projects designed to be remediation for the Inappropriately Excluded.

Your referral code is 32950. It is used to track the source of our new subscribers.

Polymathica Social Media

Register at http://polymathica.network-maker.com and join me at 'Remediation for the Inappropriately Excluded' group. I am aggressively building a series of professionally curated discussion groups and related fora.

Polymathica is a growing, global community of refinement and erudition and a nascent, Information Age Culture of Affluence.

Polymathican Blogs

Remediation Resources

Experiment.com will be a useful tool in our goal of remediation for Polymaths and the inappropriately excluded. While this site provides a good format for funding independent research, it is not going to provide an adequate supply of funders. However, by utilizing our contacts in Polymathica we can move forward in the Polymathic Institute's goal to promote polymathic research and secondarily, polymathic careers.

Fundable.com for many this will be the best crowdfunding platform for equity offerings. Their charge is $179 per month. Of course, the payment processing fee of 3.2% to 3.7% is extra. Still, a three month, $500,000 offering will only have a total cost of around $18,000 to $20,000 far below the 9% to 10% of most platforms. Of course, like all equity funding sites, you will need to bring most of the investors yourself. That is where P.E.N. comes in.

My Quotes

From time to time I post something that deserves more than ephemeral exposure. When that happens, I post it here.

Career Advice

You can't earn a living telling people how things are or how they will be. You earn a living by feeding their confirmation bias. That is not a career to which one should aspire.

On Fools

I really have attempted to abide by the apostolic admonition to suffer fools gladly. However, in the end, there were just too many of them.

On Being Human

I was asked, 'In what way does human intellect differ from other animals in kind and not just in degree?' I answered, 'Only humans can ask that question.'

On Opinions

Those who say, 'That's just my opinion' rarely mean it. Those who say, 'That's just your opinion' almost always do.

IQ in Perspective

A guy once quoted to me, 'When a wise man points at a star the fool looks at his finger.'
I replied, 'True. But so does my dog and I love her dearly.
Let's not overly weigh intelligence in our assessments of worth.'

The First Principle of Information Age Political Philosophy

No person should be required to live under a body of laws, programs and policies that they consider to be fundamentally unjust.

How Markets Really Work

Perception is reality...until reality steps in and says, 'OK, enough!!!'

On the Mainstream News

Pitting a Left Wing lunatic against a Right Wing lunatic gets you a whole lot of pyrotechnics but absolutely no useful insights. You can't average them and find yourself in a defensible middle.

Knowing the Future

There has been no time in the last 200 years when the world thirty years hence was generally believable. Therefore, if someone tells you what the world will be like in thirty years and it seems reasonable, history says that they are wrong.

Make a Difference

I am interested in what you have done, what you are doing and what you will do. I am supremely indifferent to what you could do, but won't. Consequently, I don't care very much about your IQ.